Finding the right office space can be stressful, but if you distinguish what type of space you are looking for, the experience can be much more pleasant. So, it becomes important to know if Class A office space, Class B, or Class C is best suited to your professional needs.
What to Consider When Finding Your Next Office Space
In the office world, building aesthetics, fixtures, amenities, systems, and management can be dramatically different from one commercial space to another. For this reason, a class system is typically referenced to categorize spaces and help professionals find a suitable environment. Let’s look at each:
Class A Office Space
Considered to be the most prestigious, Class A office building standards typically denote high-quality construction, prime location, state-of-the-art technology systems, high-end furniture, a central lobby, higher ceilings, and more energy efficient policies. Rent can be higher in Class A office buildings, but the price is reflected in the quality of space and the reputable management. Often, management is the differentiator between a Class A office space and a Class B.
Class A commercial buildings regularly appeal to high-end tenants, such as financial institutions, law firms, real estate groups, architectural firms, engineering firms, energy firms, consultants, and political organizations.
For a look at Class A office spaces (and B and C, too) in the New Hampshire Seacost, check out Chinburg’s Newmarket, Cocheco, Canal Street, and Washington Street Mills. At these various locations (Newmarket, Dover, and Somerswworth), everything from small studios to large multi-room and/or multi-tenant offices are available, and there are many build to suit options, too. In these spaces, tenants enjoy traditional mill architectural details, like oversized windows and stunning river views, as well as modern services and ample parking.
Class B Office Space
Considered to be the average space, Class B office buildings are focused more on providing a functional and clean space, but lacks the grandeur and top-of-the-line management found in Class A office buildings. As well, Class B office spaces tend to be slightly older, or worn, and as a result, the rent is more affordable than Class A offices.
Class B commercial buildings often appeal to similar tenants as a Class A office space would, but Class B tenants typically do not need to have as stately an appearance as a Class A office building would convey.
Class C Office Space
As you can guess, Class C office buildings offer the lowest grade space. These spaces are functional. Located in less desirable districts, Class C office buildings typically experience less maintenance and likely ask the lowest rent.
Class C buildings will attract tenants with smaller operations and budgets who have little to no need to appear as impressive or commanding. Management is also less of a focus in Class C buildings.
Ultimately, the class you choose should reflect the needs you have, the way you would like to look, and the level of management you require. If appearances and location are least important, Class C might be your best bet, or even a lower-end Class B space. However, if a handsome façade, a great setting, and an impeccable management team are requisite to making your office space what you need, then a Class A office building will be the best option for you.
For more information on finding affordable commercial building space in your area, including high-level Class A office space, contact Chinburg Properties or check out our Commercial Rental Properties’ page.
